Thought it would take off on this news but when I google "Shandong Sinobioway Biomedicine" nothing comes up other than this bid. Meaning there isn't any history of this suppsed "company" other than this bid. Might be a scam bid. Anyone have any history on these guys?
SVA might have a great future as a publicly traded or private company but right now that "nonbinding bid" is the only thing holding the equity price up. They are throwing everything out with the bathwater.